A boutique law firm is a collection of attorneys typically organized in a limited liability partnership or professional corporation specializing in a niche area of law practice. While a general practice law firm includes a variety of unrelated practice areas within a single firm, a boutique firm specializes in one or a select few practice areas. There can be some confusion because legal publications can refer to any small- or mid-sized firm as a boutique, though generally less than 80 attorneys would count.
The pendulum began to swing back away from consolidation toward the formation of smaller boutique firms with the downturn of the economy in late 2008 and early 2009 as recession-proof niche practices began to separate themselves from the struggling behemoths. Boutique law firms have maintained their competitive edge in a number of fields.
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